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This year's raises
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<blockquote data-quote="vantexan" data-source="post: 2968380" data-attributes="member: 24302"><p>It's not a 10 year plan anyways. You start on step one, and let's assume they do give annual raises. Takes 9 years to step 10. They probably intended to give themselves an out during severe economic times like 2008. Because they did screw with us for so long people are very skittish about believing they'll do right by this plan. They may not have a union, but employees can turn to the internet. They were screwing up a good thing, couldn't keep people. The new pay plan is a response to that, trying to placate employees. They'd be insane to start jerking people around on it. Doesn't mean that they want to pay a 30 year employee topped out wages for 21 years though. They'll put pressure on employees to perform, to follow the rules strictly. Some people will put up with it, quite a few will take whatever has built up in their portable pension plan and leave, seeking less stress and hassle. If the movement to get a $15hr minimum wage ever accomplishes that FedEx may have trouble getting enough newhires with the reputation they'll have built up.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2968380, member: 24302"] It's not a 10 year plan anyways. You start on step one, and let's assume they do give annual raises. Takes 9 years to step 10. They probably intended to give themselves an out during severe economic times like 2008. Because they did screw with us for so long people are very skittish about believing they'll do right by this plan. They may not have a union, but employees can turn to the internet. They were screwing up a good thing, couldn't keep people. The new pay plan is a response to that, trying to placate employees. They'd be insane to start jerking people around on it. Doesn't mean that they want to pay a 30 year employee topped out wages for 21 years though. They'll put pressure on employees to perform, to follow the rules strictly. Some people will put up with it, quite a few will take whatever has built up in their portable pension plan and leave, seeking less stress and hassle. If the movement to get a $15hr minimum wage ever accomplishes that FedEx may have trouble getting enough newhires with the reputation they'll have built up. [/QUOTE]
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